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Monthly Archives: May 2014
Faber: next phase of crisis worse than 2008
“The 2008 financial crisis could be just a precursor to a more severe economic fallout on the horizon, closely followed contrarian investor Marc Faber told CNBC on Thursday. The publisher of The Gloom, Boom & Doom Report told “Squawk Box” … Continue reading
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How to rob a city? Sell them financial “engineering”
The rape and pillage of the public purse and trust by investment bankers the past 8 years is slowly coming into collective awareness. See: Los Angeles now spending more on Wall Street fees than on maintaining roads. “A report, published … Continue reading
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Bond yields confirm small cap vote for economic slowdown
Another look at the bearish small cap divergence is found in the below chart, showing a ratio of the Russell 2000 small cap index over the S&P 500 index since 2006. Each time we saw this break down since 2010, … Continue reading
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